U.S. Bank Closes on $43 Million Loan for Artis REIT's Acquisition of Scottsdale, Arizona Office Building

U.S. Bank and Artis, a Winnipeg, Canada-based REIT announced today they have closed on a $43 million loan that will finance Artis' acquisition of the MAX at Kierland office building in Scottsdale, Arizona. The 258,312 square-foot, Class-A Max at Kierland building was built in 2008 and consists of consists of six stories of class A office space on 6.7 acres. The building has been Shell and Core LEED-certified and received a 100% Energy Star designation.